$600bn Needed Annually for Africa's Energy Development - NUPRC
The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Gbenga Komolafe, has said that Africa will require more than $600bn annually in upstream oil and gas investment to meet its fast-growing energy demands.
He...
FG Begins Export of New Crude Blend, Obodo
The Nigerian Upstream Petroleum Regulatory Commission says the first cargo of the new Obodo crude blend has been shipped.
In a statement by the NUPRC Chief Executive, Gbenga Komolafe, on Tuesday, he congratulated Conoil Producing Limited on the...
The Nigerian Upstream Petroleum Regulatory Authority (NUPRC) says the country’s oil production increased to 1,485,700 barrels of oil per day (bpd) in April.
Nigeria's Crude Oil Reserves Now 37.28bn Barrels - NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has declared the country’s official petroleum reserves position, revealing a staggering 37.28 billion barrels of crude oil and condensate, alongside an eye-popping 210.54 trillion cubic feet of natural gas.
This...
Africa's Oil and Gas Projects to Gulp $43bn in 2025
The African Energy Chamber’s State of African Energy 2025 Outlook Report has projected capital expenditure of $43 on oil and gas projects in Africa in the current year.
This highlights strong investment trends, with West and...
Nigeria’s Oil production Declines to 1.47m bpd - Report
Nigeria’s average daily crude oil production has fallen again below the quota allocated by the Organisation of the Petroleum Exporting Countries.
Oil production figures released by the Nigerian Upstream Petroleum Regulatory Commission showed that the country’s crude...
